Kimberly-Clark Announces Sale of Personal Protective Equipment Division to Ansell
Monday, 8 April 2024, 01:32
Kimberly-Clark Sells PPE Business to Ansell
Kimberly-Clark has finalized a deal to sell its personal protective equipment (PPE) division to Ansell in a transaction valued at $640 million. The move aims to enhance operational efficiency and strategic alignment for both companies involved.
Key Points:
- Acquisition Deal: Ansell acquires Kimberly-Clark's PPE business for $640 million in cash.
- Operational Optimization: The sale allows both companies to streamline their operations and focus on core business areas.
- Market Impact: The acquisition signals a strategic realignment in the PPE industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.